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Adani Group sees defence manufacturing as a sizeable opportunity 

Thehindubusinessline

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The Adani Group plans to invest a substantial amount in its defence business, expecting significant growth opportunities in India and abroad. While it may not grow as fast as their other ventures, it will still be a significant player, according to Jeet Adani, VP of Adani Enterprises. The group recently inaugurated the Adani Aerospace and Defence ammunition factory in Kanpur, the largest facility of its kind in South Asia. The initial investment in the project is ₹3,000 crore, with plans to increase to ₹4,000 crore by 2028, and it is expected to create around 4,000 jobs.

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